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AXIA NETMEDIA J T.AXX

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."


TSX:AXX - Post by User

Bullboard Posts
Post by 499ccson Feb 09, 2007 4:59pm
467 Views
Post# 12201549

"News" sellers gone?

"News" sellers gone?Pretty good volume for a post-quarter release day, even with the 100k share cross dialed out. After the nice run-up prior to the release of the Q2 quarter results, it's good to see it hold @4.90. Hopefully those from the "sell on news" camp who were surprised and/or disappointed by the results won't be coming 'round again until April. Just for fun, here's my prediction for the next quarter: assuming no major news (such as a revenue contributing acquisition or major network win in another country...announcing new managed services without large corresponding contracts doesn't count as major) she'll run up to around $5.40-$5.50 prior to the next quarter news release/conference call. For next quarter, gross margins will increase slightly (1% to 2%), and revenue will be up 9.5% over Q2 2007 to $11.4 million. Of course, I have absolutely no knowledge or information to back this up; I'm just playing around. Anyone else care to make a guess?
Bullboard Posts